Tuesday, February 18, 2020

LendingClub is acquiring Boston-based online bank Radius Bancorp in a deal valued at $185M, making it the first US fintech company to acquire a bank (Hugh Son/CNBC)

Hugh Son / CNBC:
LendingClub is acquiring Boston-based online bank Radius Bancorp in a deal valued at $185M, making it the first US fintech company to acquire a bank  —  - LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned.



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Moonshot says Kimi K2.5 builds on K2 with "pretraining over ~15T mixed visual and text tokens" and "can self-direct an agent swarm with up to 100 sub-agents" (Kimi)

Kimi : Moonshot says Kimi K2.5 builds on K2 with “pretraining over ~15T mixed visual and text tokens” and “can self-direct an agent swarm ...